Incubators and government policy for developing IT industry and region in emerging economies

Incubation, a concept supported by a variety of economic cluster theories, is a vital element in economic development in developed countries. The entrepreneurial businesses that they house often improve the developed economies in terms of not only jobs but also wealth creation. The question that thi...

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Main Authors: Said, Mohd Fuaad, Adham, Khairul Akmaliah, Abdullah, Nur Atiqah, Hanninen, Seppo, Walsh, Steven T.
Format: Article
Language:English
Published: Asian Academy of Management and Penerbit Universiti Sains Malaysia 2012
Online Access:http://psasir.upm.edu.my/id/eprint/22861/1/Incubators%20and%20government%20policy%20for%20developing%20IT%20industry%20and%20region%20in%20emerging%20economies.pdf
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author Said, Mohd Fuaad
Adham, Khairul Akmaliah
Abdullah, Nur Atiqah
Hanninen, Seppo
Walsh, Steven T.
author_facet Said, Mohd Fuaad
Adham, Khairul Akmaliah
Abdullah, Nur Atiqah
Hanninen, Seppo
Walsh, Steven T.
author_sort Said, Mohd Fuaad
collection UPM
description Incubation, a concept supported by a variety of economic cluster theories, is a vital element in economic development in developed countries. The entrepreneurial businesses that they house often improve the developed economies in terms of not only jobs but also wealth creation. The question that this article embraces is as follows: "Do incubators play the same vital role in economic development in developing regions of the world?" We use the case study methodology to develop this query in a focus area of regional development in an emerging economy. We examine the implementation of three incubators located in designated cybercities. The cybercity concept is one of the Malaysian government's initiatives to encourage the development of the IT industry within the Multimedia Super Corridor (MSC) Program. This study takes advantage of the 10-year development of cybercities by performing a longitudinal study. We found that these incubators did well in achieving their initial performance objectives, but they need to catch up with developed countries' continued rapid progress.
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spelling upm.eprints-228612019-04-04T06:42:38Z http://psasir.upm.edu.my/id/eprint/22861/ Incubators and government policy for developing IT industry and region in emerging economies Said, Mohd Fuaad Adham, Khairul Akmaliah Abdullah, Nur Atiqah Hanninen, Seppo Walsh, Steven T. Incubation, a concept supported by a variety of economic cluster theories, is a vital element in economic development in developed countries. The entrepreneurial businesses that they house often improve the developed economies in terms of not only jobs but also wealth creation. The question that this article embraces is as follows: "Do incubators play the same vital role in economic development in developing regions of the world?" We use the case study methodology to develop this query in a focus area of regional development in an emerging economy. We examine the implementation of three incubators located in designated cybercities. The cybercity concept is one of the Malaysian government's initiatives to encourage the development of the IT industry within the Multimedia Super Corridor (MSC) Program. This study takes advantage of the 10-year development of cybercities by performing a longitudinal study. We found that these incubators did well in achieving their initial performance objectives, but they need to catch up with developed countries' continued rapid progress. Asian Academy of Management and Penerbit Universiti Sains Malaysia 2012-01 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/22861/1/Incubators%20and%20government%20policy%20for%20developing%20IT%20industry%20and%20region%20in%20emerging%20economies.pdf Said, Mohd Fuaad and Adham, Khairul Akmaliah and Abdullah, Nur Atiqah and Hanninen, Seppo and Walsh, Steven T. (2012) Incubators and government policy for developing IT industry and region in emerging economies. Asian Academy of Management Journal, 17 (1). pp. 65-96. ISSN 1394-2603; ESSN: 2180-4184 http://web.usm.my/aamj/17-1-2012.html
spellingShingle Said, Mohd Fuaad
Adham, Khairul Akmaliah
Abdullah, Nur Atiqah
Hanninen, Seppo
Walsh, Steven T.
Incubators and government policy for developing IT industry and region in emerging economies
title Incubators and government policy for developing IT industry and region in emerging economies
title_full Incubators and government policy for developing IT industry and region in emerging economies
title_fullStr Incubators and government policy for developing IT industry and region in emerging economies
title_full_unstemmed Incubators and government policy for developing IT industry and region in emerging economies
title_short Incubators and government policy for developing IT industry and region in emerging economies
title_sort incubators and government policy for developing it industry and region in emerging economies
url http://psasir.upm.edu.my/id/eprint/22861/1/Incubators%20and%20government%20policy%20for%20developing%20IT%20industry%20and%20region%20in%20emerging%20economies.pdf
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